218 Hoffman AveKingsville, TX 78363

For Sale
$99,950

High-yield rental, versatile zoning, storage units.

Overview

Added:
Feb 3
Days on market:
39
This exceptional Kingsville, TX property at 218 E Hoffman Ave presents a unique investment opportunity. The 6,033 square foot lot encompasses a charming 2-bedroom, 1-bathroom home currently generating $850 monthly rental income. This residential component, spanning 1,242 square feet, is complemented by 13 vacant storage units, offering significant potential for increased revenue streams. The diverse storage options include utility trailer garages and concrete-floored units, catering to a wide range of tenant needs. Situated on a 0.32-acre lot, the property is conveniently zoned R2, allowing for flexibility in future uses and development. The asking price is $99,950, and attractive financing options are available, including owner financing and subject-to arrangements. This property is ideal for investors seeking immediate returns and long-term appreciation, offering a blend of residential income and substantial storage unit rental potential. The combination of existing rental income and the untapped potential of the vacant storage units makes this a compelling investment opportunity in a desirable location. Don't miss this chance to acquire a property with proven income and significant upside.

Property Details for 218 Hoffman Ave

Property type
Industrial properties, Other industrial properties
Square Feet
6,033 SF
Year Built
1925
Lot Size (sq. ft)
13,939 SF

Location Insight

City
Kingsville
County
Kleberg
State
Texas
Latitude
27.50586
Longitude
-97.86678
218 Hoffman Ave, Kingsville, Texas

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218 Hoffman Ave
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